why is this stock hammered?, page-5

IMO Shorts are causing it too go down. If you can short your current shares @ a price greater than $1.00 then you are getting a profit. Once you get the shares your either close the shorts. Now panic starts to set in once the shares go under $1.00 this will be a support level, then a rebound from here. Don't forget that it went to $1.50 + because of rumours that a suitor was looking at it BHP mentioned. Then RIO and Chinaco rumour started that there maybe problems there and BHP might take a chunk of it.

Even rumours on why the Chicken crossed the road.